For sake of discussion, what accounting periods do you use at your work to allocate Manufacturing Overhead?
We do it monthly. IE I take the total Direct Labor Hours per month and allocate the overhead based on that. Some months the overhead is higher than others.
Does anyone allocate overhead on a Quarterly or Yearly Schedule?
Our allocation also includes Fringe (Allocated on total labor dollars)
We do it monthly. IE I take the total Direct Labor Hours per month and allocate the overhead based on that. Some months the overhead is higher than others.
Does anyone allocate overhead on a Quarterly or Yearly Schedule?
Our allocation also includes Fringe (Allocated on total labor dollars)